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A company purchased a POS cash register on January 1 for $5,400

Accounting

A company purchased a POS cash register on January 1 for $5,400. This register has a useful life of 10 years and salvage value of $400. What would be the depreciation expense for the second-year of its useful life using the double- declining-balance method?

A. $500

B. $800

C. $864

D. $1,000

E. $1,080

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